The court sanction came after Stratech failed to garner enough support from its creditors on proposed schemes of arrangement.
In this Update, we take a look at the key elements of the Bill and the implications of the upcoming changes.
The three methods - voluntary delistings, general offers and schemes of arrangement - all differ in shifting the power play between minority shareholders and offerors.
In the first ruling of its kind, the High Court has made a declaration that gives the liquidators of two Trikomsel subsidiaries the green light to proceed with a commercial third-party funding arrangement.
Introduced: 10 Sep 2018
Omnibus Bill also aims to strengthen debt restructuring regimes and regulate insolvency practitioners.
This article looks at three of the legislative changes to scheme of arrangement provisions in the debt restructuring regime in Singapore, namely, the headcount test, cram-downs and pre-packs.
The case of Re Swiber Holdings Ltd and another matter  SGHC 180 is a welcome addition to the body of case law that complements and supplements the insolvency legislation of Singapore.
In Lee Chen Seong Jeremy v Official Assignee  SGCA 51, the Court found that the company had abandoned its right in relation to a proof of debt filed against a bankrupt person several years earlier.
This article in the SAL Annual Review encapsulates and evaluates the 2017 decisions of the Singapore courts on insolvency law. It is authored by Associate Professor Kelvin Poon and Sim Kwan Kiat.